RE:RE:RE:Earnings Out.Quintessential retard1 wrote
So debt repayment and no dividend. Not surprised. We will see how the markets like it in the morning. So far its down in after market trading.
Moemoney42 wrote: Yup just like I was saying I wouldn't be surprised to see a divi reinstated Q1-22
- We plan to reinstate a dividend in Q1 2022. Although it is still subject to board approval, our intention is to reinstate a fixed quarterly dividend (5-10% of FFO stress-tested at lower prices including US$55/bbl WTI) while continuing to focus on debt reduction. As further debt targets are achieved we will consider augmenting our return of capital through fixed dividend increases, share buybacks and/or special dividends. We will provide more details on our return of capital framework with our formal 2022 budget release in early December.
- We plan to reinstate a dividend in Q1 2022. Although it is still subject to board approval, our intention is to reinstate a fixed quarterly dividend (5-10% of FFO stress-tested at lower prices including US$55/bbl WTI) while continuing to focus on debt reduction. As further debt targets are achieved we will consider augmenting our return of capital through fixed dividend increases, share buybacks and/or special dividends. We will provide more details on our return of capital framework with our formal 2022 budget release in early December.
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Hey idiot they said they plan to "Reinstate" a dividend in quarter 1 of 2022. That is less than 2 months away.
Another shmuck who cant admit he was wrong. Not surprised.